• Shell launched legal action against Woodside & Paladin, claiming $87m compensation for the levy it paid over the Northern Endeavour (BN)

• BHP holders have backed the company’s decision to walk away from Anglo, happy they wouldn’t pursue the deal at any price (Bloomberg)

• Anglo CEO Duncan Wanblad said he wants to close the door on further discussions with rejected suitor BHP to “crack on” (AFR)

• Westgold & Ramelius’ bitterness stems back to the Musgrave takeover, and no love has been lost in recent days (The West)

• Rio will keep its NZ aluminium smelter operating until at least 2044 after agreeing new electricity supply agreements (Bloomberg)

• Rio Tinto has found itself in a pickle as it has been taken to the Takeovers Panel by Zentree, one of the minority investors left in ERA as Rio attempts a $1b capital raise (The Australian, AFR)

• QLD will permanently ban proposed carbon capture & storage projects in the Great Artesian Basin in a move that some say could undermine Australia’s energy transition (The Australian)

• A Singaporean fund is trying to kick mining giant Rio where it hurts – its ESG credentials – to win a decades-long battle over the future of uranium mining in the Kakadu region (AFR)

• Botswana’s President Mokgweetsi Masisi called synthetic gems a threat to the country’s economic lifeblood, as the it readies to launch a US$6b project to extend the life of Jwaneng (Mining.com)

• The London Metal Exchange (LME) has approved the listing of the first-ever Indonesian brand of refined nickel (Reuters)

• The US slowed plans to retire coal-fired plants as power demand from AI surges (FT)

• Partial strike impacts Sierra Rutile restart (BusinessNews)

• Woodside secured a US$1b loan agreement with state-owned Japan Bank for International Cooperation to support Scarborough development (BN)

• Saudi Arabia is preparing to launch a secondary offering in oil giant Aramco as soon as Sunday, raising up to US$12b (Bloomberg)

• Multiplex-owner Brookfield is set to own the WA’s largest grid-scale battery, negotiating to buy a 53.3% stake in French-based Neoen (BN)

• Chile’s government indicated that SQM & Codelco will proceed with signing a binding lithium partnership by Friday’s deadline (Bloomberg)

• Silver Lake has its scheme meeting today in relation to its merger with Red 5 (SLR)

• On a smaller scale, gold junior Greenstone also has its scheme vote in relation to the tie-up with Horizon Minerals (GSR) at the time of writing they have entered a trading halt too which we don’t always see…

• Patriot Battery Metals announced the closing of its flow-through raising, securing $75m (PMT)

• Black Cat is in trading halt pending a capital raise (BC8)

• It smells like a shareholder revolt in the air of Subiaco this morning… We might have more to say on this later

• And in other news, have certain ex-employees of NexGen been silenced by NDAs? I wonder what they’d be saying if they could speak freely…

• BHP should wait for Anglo to implode… or look elsewhere for its quantum leap in copper (think First Quantum, Teck) (The Australian)

• Alphabet, Microsoft & Amazon signed initial agreements to develop new power contracts with US electric utilities aimed at lowering the cost of building new nuclear technologies and batteries, said Duke (Reuters)

• JPMorgan CEO Jamie Dimon said he simply can't see how the past five years of massive fiscal and monetary stimulus could result in anything other than a period of stagflation (Fortune)

• According to a new study, if China and India decide to phase out coal as fast as needed to reach the Paris climate targets and pay similar compensation, it would cost upwards of $2t (Mining.com)

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